OpenAI signed agreements with energy companies, investment firms and government agencies in the UAE to deploy its technologies, deepen cooperation with the local market, and seek to raise billions of USD in funding from UAE state capital.

According to a statement from the Abu Dhabi Media Office, OpenAI CEO Sam Altman will travel to Abu Dhabi for talks with Crown Prince Sheikh Khaled bin Mohamed Al Nahyan.

Under the latest agreements, Abu Dhabi National Oil Company has become the first energy company to deploy OpenAI's frontier technologies. OpenAI's AI agents will continuously forecast crude oil supply, demand, prices and profit margins, and predict their impact before disruptions occur.
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AASTOCKS Financial News
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